Firstsource Solutions Ltd Stock Price Today (NSE: FSL)

Firstsource Solutions Ltd

243.85+0.85 (+0.35%)
Market Closed

Fundamental Score

...

Firstsource Solutions Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Firstsource Solutions Ltd share price today is 243.85, up +0.35% on NSE/BSE as of 17 June 2026. Firstsource Solutions Ltd (FSL) is a Large-cap company in the Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO) sector with a market capitalisation of 24.63K (Cr). The 52-week high for FSL share price is 403.80 and the 52-week low is 202.00. At a P/E ratio of 37.24x, FSL is currently trading above its industry average P/E of 37.24x. The company has a Return on Equity (ROE) of 15.03% and a debt-to-equity ratio of 0.54.

Firstsource Solutions Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
282.05
Low
209.89
Volume
80.6L
Change
+23.73%

Firstsource Solutions Ltd share price chart: 23.73% return over the past month. 52-week high ₹403.80, 52-week low ₹202.00.

Firstsource Solutions Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
268.15274.80263.50270.7524.21L (Cr)
261.75272.00260.00267.2522.12L (Cr)
266.00267.33260.00262.7321.67L (Cr)
264.97264.97264.97264.970.00 (Cr)
275.50276.34263.17264.9726.05L (Cr)
281.09281.09273.55277.7236.95L (Cr)
272.00282.05266.02280.2959.76L (Cr)
254.20272.00251.00268.6067.91L (Cr)
250.00257.39248.50253.7726.52L (Cr)
241.00249.29236.51247.3225.19L (Cr)

Firstsource Solutions Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
261.75274.80260.00270.75+3.44%
213.94282.05213.21262.73+22.81%
210.07254.68205.82213.94+1.84%
202.00230.40202.00204.39+1.18%
310.00320.00212.10213.15-31.24%
337.95344.40305.25319.85-5.36%
346.05358.00325.35335.80-2.96%
354.00371.75336.90345.80-2.32%
329.00356.00316.40353.90+7.57%
351.45379.70321.30328.80-6.44%
341.90381.40331.00351.00+2.66%
377.70377.70326.75341.70-9.53%

AI Research Briefing

Powered by Gemini · 2026-04-15

Firstsource's high valuation and reliance on AI-led growth make it a risky bet in the competitive BPO landscape.

Research Confidence
5.0/10Moderate
COMPOUNDERNegative - 1M: -1.86%, 3M: -5.3%, 6M: -8.81%Expensive - P/E is 37.24x, same as the industry P/E.

WHAT'S HAPPENING NOW (last 2-4 weeks)

No major catalysts found after live search. Recent news includes Firstsource being recognized as the “Top 1% in the S&P Global Corporate Sustainability Assessment (CSA) Score” for 2026.

CORE STORY (THE REAL GAME)

Firstsource is a BPO player riding the wave of AI-led automation and digital transformation, selling itself as a partner for global enterprises seeking cost efficiency and domain expertise. The real game is about moving up the value chain from basic task execution to complex, knowledge-based services, specifically in healthcare, banking, and CMT verticals.

Why Now
  • Q3 FY26 revenue growth of 16.2% YoY
  • Five large deal wins in Q3 FY26
  • Acquisition of TeleMedik to enhance healthcare capabilities
Potential Catalysts
  • Significant new deal wins in key verticals
  • Successful integration of acquired entities
  • Breakthrough AI solutions driving margin expansion
Key Risks
  • High P/E of 37.24x
  • Dependence on developed markets
  • Integration risk from acquisitions
Institutional Activity

FII decreased their holdings by 0.33%. DII increased their holdings by 0.68%.

Macro Context

Indian BPO market projected to reach over $60 billion by 2025, presenting a tailwind.

Order Book / Expansion

Signed five large deals in Q3FY26.

Cash Flow Quality

Yes - Free Cash Flow 5Y: ₹3216.78 Cr

3–6 Month Outlook

Firstsource needs to demonstrate consistent execution on its AI strategy and successful integration of acquisitions to justify its valuation. Expect volatility.

Primary Thesis Risk

Overvaluation leaves little margin for error in a rapidly evolving BPO landscape.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Average

Return on Equity (ROE)

15.03%

Profit generated per ₹1 of shareholder equity

Average

Return on Capital (ROCE)

15.37%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

15.71%

Average operating profit margin over 5 years

Good

Dividend Yield

1.15%

Annual dividend as % of current share price

Firstsource Solutions Ltd Valuation Check

Average

Price to Earnings (P/E)

37.24x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

37.24x

Average P/E of all peers in this sector

Market-cap Classification
Large-cap
Established & liquid; typically steadier returns.

Shareholding Pattern

Excellent

Promoter Holding

53.66%

% shares held by company founders/management

Average

FII Holding

9.25%

% shares held by foreign institutional investors

Excellent

DII Holding

24.63%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

28.79%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

20.09%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

14.26%

Compounded annual revenue growth over 5 years

Good

EPS Growth (5-Year CAGR)

11.42%

Earnings per share growth over 5 years

Good

Net Profit Growth (5-Year CAGR)

11.84%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

0.54x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

5.93x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

3.22K (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Firstsource Solutions Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of FSL across key market metrics for learning purposes.

Positive Indicators

11 factors identified

Strong Return on Equity (15.03%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (15.37%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (15.71%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Robust Profit Growth (28.79%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (20.09%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (14.26% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Strong Interest Coverage (5.93x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹3216.78 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (53.66%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Strong Institutional Confidence (FII+DII: 33.88%)

Observation: Significant professional investor participation.

Analysis: High institutional holding often signals thorough due diligence.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

0 factors identified

No significant concerns identified in current analysis.

Firstsource Solutions Ltd vs Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO) Peers

Peer Comparison - Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO)

Compare Firstsource Solutions Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
59.8/100
244
₹24629.87
37.2
Average
15.03%
Good
15.37%
Good
0.5
Good
11.84%
Good
14.26%
Good
1.15%
67.7/100
1554
₹22350.26
36.4
Average
22.80%
Excellent
27.97%
Excellent
0.1
Excellent
19.96%
Excellent
18.55%
Excellent
0.02%
43/100
930
₹2652.59
421.1
Average
-2.02%
Poor
11.33%
Average
2.4
Poor
5.64%
Good
15.83%
Excellent
0.00%
10.8/100
404
₹2251.35
1.60%
Poor
3.01%
Poor
0.2
Excellent
-10.76%
Poor
-2.45%
Poor
0.00%
46.7/100
60
₹1501.55
41.2
Average
10.15%
Average
13.02%
Average
0.1
Excellent
90.43%
Excellent
15.46%
Excellent
0.00%
67.4/100
830
₹1280.23
17.7
Average
27.34%
Excellent
31.36%
Excellent
0.3
Excellent
9.75%
Good
13.16%
Good
3.57%
51.8/100
101
₹110.50
53.6
Average
8.57%
Poor
12.96%
Average
0.2
Excellent
7.53%
Good
19.47%
Excellent
0.00%
We Win Ltd...
WEWIN543535
42.6/100
65
₹51.40
16.2
Average
6.04%
Poor
10.73%
Average
0.3
Excellent
-5.68%
Poor
14.42%
Good
0.00%
15.8/100
70
₹46.81
-50.51%
Poor
-16.91%
Poor
8.8
Poor
19.13%
Excellent
0.00%
33.2/100
29
₹35.12
11.0
Average
10.91%
Average
15.33%
Good
0.3
Excellent
0.00%
28.2/100
84
₹35.03
166.8
Average
4.93%
Poor
7.76%
Poor
0.0
Excellent
23.33%
Excellent
2.23%
Average
0.00%

Firstsource Solutions Ltd PE Ratio History

Historical price-to-earnings ratio for FSL — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20258.42₹335.8039.9x
FY 20247.34₹376.0051.2x
FY 20237.32₹184.8525.3x
FY 20227.62₹102.3013.4x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Firstsource Solutions Ltd Dividend History

Annual cash dividends paid by FSL — dividend yield 1.15%

Financial YearDividends Paid (₹ Cr)
FY 2025275.86 Cr
FY 2024240.59 Cr
FY 2023238.44 Cr
FY 2022238.40 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Firstsource Solutions Ltd Quarterly Performance

Latest quarterly metrics for FSL — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

20.09%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

28.79%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

14.26%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

11.84%

Compounded annual net profit growth over 5 years

Firstsource Solutions Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for FSL — calculated from daily price history

61RSI 14
Neutral — RSI 61

Momentum is balanced — neither overbought nor oversold.

SMA 50
231
▲ Price above SMA 50 — Short-term bullish
SMA 200
303
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
9372K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Firstsource Solutions Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Firstsource Solutions Ltd (FSL) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Firstsource Solutions Ltd

About FSL (Firstsource Solutions Ltd)

Firstsource Solutions Ltd is a global powerhouse in the Business Process Outsourcing (BPO) and Knowledge Process Outsourcing (KPO) arena, orchestrating seamless operations for a di...verse clientele spanning continents. The company acts as an extension of its clients, strategically assuming responsibility for critical, non-core business functions. From bustling call centers to sophisticated data analytics hubs, Firstsource leverages cutting-edge technology and a deeply skilled workforce to deliver quantifiable improvements in efficiency, customer satisfaction, and overall business performance. They excel in transforming complex challenges into streamlined solutions, becoming a trusted partner for organizations striving for operational excellence in a rapidly evolving global market. Firstsource strategically organizes its expertise around key industry verticals, allowing for a highly specialized and targeted approach to client needs. These focused divisions, including Healthcare, Banking and Financial Services, Communication, Media and Technology, and Diverse Industries, enable Firstsource to deeply understand the unique challenges and regulatory landscapes of each sector. Within these divisions, Firstsource offers a comprehensive suite of services. These range from managing intricate healthcare claims processes to providing innovative customer engagement strategies for telecommunications giants. They aim to deliver unparalleled value and foster long-term partnerships by exceeding expectations and consistently optimizing the client experience. Furthermore, Firstsource leverages its deep domain expertise and technological prowess to drive innovation and create transformative solutions for its partners. They constantly invest in emerging technologies like Artificial Intelligence, Robotic Process Automation, and cloud computing. Firstsource seeks to ensure its clients remain at the forefront of their respective industries. The company is not merely a service provider but a strategic innovator. They empower businesses to adapt to the dynamic demands of the modern marketplace by optimizing operations, enhancing customer engagement, and unlocking valuable insights from their data.

Company Details

Symbol:FSL
Industry:Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO)
Sector:Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO)

Key Leadership

Mr. Ritesh Mohan Idnani
MD, CEO & Executive Director
Mr. Sohit Brahmawar
President & Chief Operating Officer
Mr. Dinesh Jain
Chief Financial Officer

FSL Share Price: Frequently Asked Questions

What is the current share price of Firstsource Solutions Ltd?

Firstsource Solutions Ltd (FSL) trades at ₹243.85 on NSE and BSE. Market cap ₹24.63K (Cr). Educational data only.

What is the P/E ratio of Firstsource Solutions Ltd?

Firstsource Solutions Ltd has a P/E of 37.24x vs industry average 37.24x.

What is the Bull Run score for Firstsource Solutions Ltd?

Firstsource Solutions Ltd has a Bull Run score of 59.8/100 based on 25+ financial parameters.

Does Firstsource Solutions Ltd pay dividends?

Firstsource Solutions Ltd has a dividend yield of 1.15%. Past dividends don't guarantee future payments.

What is the ROE of Firstsource Solutions Ltd?

Firstsource Solutions Ltd has ROE of 15.03%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Firstsource Solutions Ltd?

Firstsource Solutions Ltd has debt-to-equity of 0.54.

Is Firstsource Solutions Ltd a good investment?

Bull Run gives Firstsource Solutions Ltd a score of 59.8/100. This is not investment advice — consult a SEBI-registered advisor.